*E5-18 Presented below are selected accounts for Carpenter Company as reported in the

Price: $1.99


*E5-18 Presented below are selected accounts for Carpenter Company as reported in the
worksheet at the end of May 2008.
Adjusted Income
Accounts Trial Balance Statement Balance Sheet
Dr. Cr. Dr. Cr. Dr. Cr.
Cash 9,000
Merchandise Inventory 76,000
Sales 450,000
Sales Returns and Allowances 10,000
Sales Discounts 9,000
Cost of Goods Sold 300,000

Instructions
Complete the worksheet by extending amounts reported in the adjusted trial balance to the
appropriate columns in the work sheet. Do not total individual columns.